Home Business & Finance How Much Is Wiz Khalifa Worth?

wiz khalifaWiz Khalifa, one of the world’s leading rappers and singer-songwriters, has a net worth of around 20 million dollars and is most notable for his massive influence in the marijuana community.

Wiz Khalifa was born Cameron Jibril Thomaz on September 8, 1987, in the small town of Minot, North Dakota. With both parents serving in the military, he found himself displaced often and changing schools, not allowing many long friendships to build. His stage name is derived from a word in Arabic, the language of his ancestors, and from his nickname “The young Wiz,” because he states he was good at everything he tried.

At 16, Khalifa was contributing to mixtapes in the Pittsburgh area and caught the attention of Benjy Grinberg, president of Rostrum Records. Khalifa was quickly signed to the label, releasing his first mixtape in 2005 called “Prince of the City: Welcome to Pistolvania.” This led to his first album called Show and Prove in 2006, and then two more mixtapes in 2007 after signing with Warner Bros. Records called Grow Season and Prince of the City 2. In 2009, he parted ways with Warner Bros. Records, appearing with many artists in concert around the country during this time.

In 2009, Khalifa released the mixtape How Fly, and opened for the Wu-Tang Clan at the CMJ Music Marathon in New York City. He released another mixtape later that year called Burn After Rolling, continuing his theme of marijuana inspired music. This would prove to be prophetic in the coming year. Rumors abounded that he signed with Atlantic Records in 2010, and while he didn’t confirm it at the time, this later proved to be true. His fame continued to grow, working with bigger and bigger names in the rap business, until his popularity exploded after being arrested in November 2010 for marijuana possession and trafficking. He paid the $300K bail and continued his tour.

Recently, Khalifa married longtime girlfriend and model Amber Rose. He has also dropped numerous hints about a new album titled Blaac Hollywood that is currently in the works, with collaborations with Miley Cyrus, Adele, and Juicy J.

Khalifa was number 11 on Forbes’ list of 2011’s highest hip hop earners, coming in at more than $11 million for the year because of his single “Black and Yellow.”

Khalifa Spending

  • He has stated numerous times that he spends more than $10,000 per month on marijuana, smoking daily. He also spent an unspecified amount on a large home and performance vehicles.

Khalifa Earnings

  • In early 2012, he made around $70,000 per performance, which later increased to more than $100,000 per performance.
  • Khalifa owns a 3,891 square foot home.
  • At each concert, he sells around 200 packs of his branded rolling paper at $10 a piece, in addition to uncounted sales of his hoodies ($60) and “420 Kits” ($42). He also sells around 700 shirts per performance.

Wiz Khalifa Net Worth
So how much is Wiz Khalifa worth? All in all, Wiz Khalifa is said to have an estimated net worth of $20 million, and is heralded as the highest paid rapper in the world. While Wiz Khalifa net worth might change from time to time, it will most likely grow rather than fall.